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Personally, when it comes to investing, I'd rather be a contrarian. Out of these 40 to 50 investments, most will not fly unless they get acquired. "Hope we ge
by krav 17y ago
Personally, when it comes to investing, I'd rather be a contrarian. Out of these 40 to 50 investments, most will not fly unless they get acquired. "Hope we get bought, fingers crossed" is not a business model. It only works if you invest across a broad section and one of them hits big (which Ron is doing).
I'd rather invest in 40 to 50 simple cash-producing businesses on the web (affiliate networks, lead generation, sticky / viral apps in closed platforms, etc.)